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Future General Activity, Perceptions of Respondents for the Region; Diffusion Index for Federal Reserve District 3: Philadelphia (GARFBNDIF066MNFRBPHI)

Observation:

May 2024: 15.0 (+ more)   Updated: May 21, 2024 7:36 AM CDT
May 2024:  15.0  
Apr 2024:  17.8  
Mar 2024:  20.4  
Feb 2024:  20.4  
Jan 2024:  21.4  
View All

Units:

Index,
Not Seasonally Adjusted

Frequency:

Monthly

NOTES

Source: Federal Reserve Bank of Philadelphia  

Release: Nonmanufacturing Business Outlook Survey  

Units:  Index, Not Seasonally Adjusted

Frequency:  Monthly

Notes:

Future General Activity, Perceptions of Respondents for the Region forecasts the change in general business activity for of the region based on perceptions of respondents over the next six months for reporting service firms. The General Business Activity is the broadest measure of the Nonmanufacturing Business Outlook Survey. The diffusion index is calculated by taking the percent reporting increases and subtracting the percentage reporting decreases. For more information about this release from the Federal Reserve Bank of Philadelphia, visit: http://www.philadelphiafed.org/research-and-data/regional-economy/nonmanufacturing-business-outlook-survey/ .

Suggested Citation:

Federal Reserve Bank of Philadelphia, Future General Activity, Perceptions of Respondents for the Region; Diffusion Index for Federal Reserve District 3: Philadelphia [GARFBNDIF066MNFRBPHI], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/GARFBNDIF066MNFRBPHI, May 26, 2024.

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